Live Nation Strikes Again Inks $150 Million Deal With Jay-Z
Live Nation has announced a mega-deal worth $150 Million dollars with Shawn Carter aka, Jay-Z. Industry insiders have been speculating on what Carter’s next corporate play would be since he failed to come to terms with Universal last year and stepped down from his role as as President of DefJam after 3 years. Jay-Z’s deal will span ten years and includes recording, merchandising, touring, publishing, image licensing and...
Transom Capital Purchases Blue Microphones
Transom Capital Group announced that it has purchased Blue Microphones. Skipper Wise and Little Buddy Martins Saulespurens, the founders of Blue, will retain an ownership interest in the company and continue on developing new products under the Blue moniker. Terms of the transaction were not disclosed. Russ Roenick, Managing Director at Transom Capital, said that executives from Transom Capital and Blue have already been working...
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